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Mobile Minutes: Samsung bets on S6; T-Mobile adds subscribers; Future of smartwatches; LG’s profit sinks

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April 30, 2015

samsung galaxySamsung counts on S6 to revive its mobile business
Samsung Electronics said Wednesday that its first-quarter net profit had plunged 39 percent as consumers switched to bigger iPhones made by its rival, Apple, squeezing earnings from its mobile business to less than half of what they had been a year earlier.
Read more on New York Times

T-Mobile adds subscribers, threatens to pass Sprint
T-Mobile US Inc. extended a run of strong subscriber growth, adding 1.1 million mainstream customers in the most recent quarter as its combination of expensive incentives and edgy marketing continued to pay off.
Read more on Wall Street Journal

Google designer says you don’t need a smartwatch, and that’s OK
Sporting an Android Wear device on his wrist, Google Vice President Matías Duarte made a convincing case for why no one needs the thing he has on. This wasn’t some kind of reverse psychology, but a declaration that the watch computer represents the future, and the future hasn’t quite arrived yet.
Read more on Bloomberg

LG Electronics says 1Q profit sinks nearly 60 percent
LG Electronics Inc. said Wednesday its quarterly profit plunged 59 percent as losses from TVs offset a modest improvement in its smartphone business
Read more on ABC News

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